Petrobras to double oil, gas production by 2020: Foster

May 10, 2013 | 09:26 AM | Thorsten Schier

Tags  Petrobras, Maria das Gracas Silva Foster, oil, gas, production, Brazil output, Thorsten Schier

NEW YORK — Petróleo Brasileiro SA (Petrobras) plans to double its oil and gas output by 2020 and become a significant exporter of oil, its top executive said.

"This path is not simple," chief executive officer Maria das Graças Silva Foster told attendees at the Offshore Technology Conference (OTC) in Houston. ....

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